Background

Mr. Peter Brabeck-Letmathe served as a Member of Executive Board at Nestlé S.A., a holding Company of Nestle Philippines, Inc. Mr. Brabeck-Letmathe has been leading Nestlé Group since 1997. He served as the Chief Executive Officer of Nestlé S.A. from 1997 to April 2008. Mr. Brabeck-Letmathe joined Nestle SA in 1968 and served as its General Manager since 1992. He served as an Executive Vice President of Nestlé S.A., since January 1992 and devised and implemented its ... brand strategy, consisting of a clear hierarchy of strategic brands on the global, regional and local level. He served as the Chief Executive Officer since April 1998. He served as Chief Executive Officer/Managing Director of Nestlé Ecuador since 1981, as the President and the Managing Director, Chairman and Chief Executive Officer of Nestlé Venezuela since 1983, as Senior Vice President in Charge of the Culinary Products Division of Nestlé, International headquarters Vevey since 1987 and Executive Vice President of worldwide responsibility for Strategic Business Group 2, Marketing, Communication and Public Affairs of Nestlé S.A. since 1992. He served as the Salesman and Specialist for new products at Nestlé, Austria since 1968 and served as a National Sales Manager and Director of Marketing of Nestlé, Chile from 1970 to 1980. He has been Chairman of Delta Topco since 2012. He serves as the Chairman of Nestlé Health Science S.A. He serves as Vice Chairman of L'Oreal India Pvt. Ltd. He has been the Vice Chairman of the Board of Dreyer's Grand Ice Cream Holdings, Inc., since June 26, 2003. He has been Vice Chairman of L'Oreal SA since April 26, 2005 and L'Oréal (FR) (L’Oréal SA) since 1997. He serves as Vice Chairman of Winterthur (Switzerland). He served as the Chairman of Nestlé S.A. since April 14, 2005. He served as Vice Chairman of Alcon, Inc. until May 2, 2006, Nestlé S.A., from 2001 to April 14, 2005 and Credit Suisse Group AG from 2000 to April 2005. He served as Vice-Chairman at Credit Suisse AG and Credit Suisse Group AG from 2008 to May 9, 2014 and served as its Director from 1997 to May 9, 2014. He served as Vice Chairman at Credit Suisse (USA), Inc. He also served as Vice-Chairman of AXA Leben AG (formerly, Winterthur Life Insurance Company) and AXA Versicherungen AG (formerly, Winterthur Group). He has been a Director of L'Oreal SA, Credit Suisse Group AG and Credit Suisse (USA), Inc., since 1997. He has been Director at Exxon Mobil Corporation and Delta Topco Limited, Jersey since May 26, 2010. He serves as a Member of Foundation Board at World Economic Forum. He serves as a Director of L'Oreal USA, Inc. He serves as a Director of Nestle India Ltd. He also serves as a Director of Dreyer's Grand Ice Cream Holdings Inc., Gesparal, The Controlling Holding Company and L'Oréal USA, Inc. He has been a Director of Nestlé S.A. since 1997. He served as a Director of AXA Leben AG and AXA Versicherungen AG. He served as a Director of Roche Holding AG from 2000 to March 2, 2010. He served as a Director at Alcon, Inc. from 2002 to May 2, 2006 and Lead Independent Director of Credit Suisse Group AG from March 2001 to 2002. He served as a Director of Winterthur Swiss Insurance. He serves as Member of ERT (European Round Table of Industrialists), the Bretton Woods Committee's International Council, as well as of the International Association for the Promotion and Protection of Private Foreign Investments (APPI) and Avenir Suisse. He serves as Deputy Chairman of Prince of Wales International Business Leaders Forum, Great Britain. He received an award of La Orden Mexicana del Aguila Azteca Schumpeter Prize for outstanding contribution in Economics, Austrian Cross of Honour for service to the Republic of Austria. Mr. Brabeck-Letmathe graduated from the University of World Trade in Vienna with a Degree in Economics.

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